Paradigm Mortgage Services has announced the addition of Clydesdale Bank to its lender panel.

From today, Paradigm member firms will have access to Clydesdale’s range of residential, buy-to-let (BTL), offset, first-time buyer and professional mortgage products.

Clydesdale’s offering includes mortgages available up to 75% LTV on a full interest-only basis, as well as 80% LTV on part-and-part loans with a maximum five times loan-to-income. The lender’s criteria also includes BTL and let-to-buy mortgages available with affordability including personal income and expenditure rather than a rental stress test.

Advisers can also access a range of tools and services via the Clydesdale website including an affordability calculator, online application and case tracking.

Paradigm director of mortgages, Richard Howes, commented: “We all understand the increased need for lenders who work flexibly with advisers and clients, simply because there are far more cases which now require this approach.

“Clydesdale is a lender which is fully-focused on this area, working on cases individually rather than adopting a tick-box mentality to underwriting and assessment, and we are particularly pleased to be adding it to our lender panel.

“Paradigm member firms are likely to be seeing a large number of clients who have these mortgage needs and we’re looking forward to working with Clydesdale Bank team to introduce its proposition to advisers.”

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